Ultimate Cryptocurrency Trading & Investing Beginner's Guide: Learn How to Turn Huge Profits With Simple Buying and Selling of Cryptocurrencies

By Paul Stewart

While cryptocurrency is just now entering the mainstream of global economics, it is showing potential to change the way we view money in many ways. When it was first introduced, there were plenty people who considered it to be a fad that would soon fade away with time. 

Yet, now as the numbers begin to tell a different story, people are beginning to take a second look, a more closer look at these new currencies as a more viable investment tool. 

Unlike stocks or bonds where the system has been in place for hundreds of years, cryptocurrency is something new and therefore foreign to many. For those who are seriously thinking about investing in this arena there is a lot to learn. In these pages you will learn: 

- What cryptocurrency really is 
- How it works 
- Why so many people are choosing to invest 
- How to determine if this is the right investment tool for you 
- Basic steps needed to get started 
- Common investment strategies 
- How to analyze a cryptocurrency to find trends 
- Background on altcoins and why they can be a good investment option 
- The secrets to trading cryptocurrency 
- And other basic information every investor needs to get started 

Just like anything else that is new and exciting, it is important that you know not just where to look to make wise decisions but how to look at all the facts in front of you. With this step by step guide, you’ll be better equipped to make the right choices.

• Language: English
• Publisher: Paul Stewart
• Release date: Mar 30, 2018
• ISBN: 9781386880035

Paul Stewart

Paul Stewart is the very funny, very talented author of more than fifteen books for children, including The Edge Chronicles, a collaboration with Chris Riddell.

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Disclaimer

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Although the author and publisher have made every effort to ensure that the information in this book was correct at press time, the author and publisher do not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from negligence, accident, or any other cause.

In addition, the author and publisher cannot guarantee that the reader will make money with cryptocurrency. While we strive to provide accurate information and useful strategies, this investment, like other investments, is a risk. Understanding your risk and taking the necessary precautions are important to ensure you see a good return on investment when working in cryptocurrencies.

This book is not providing tailored investment advice and is not taking the reader’s personal circumstances into consideration. Information contained herein is no an offer or solicitation to buy, hold, or sell any security. No legal claims can be made against the author or publisher of this book based on any of the information contained and presented within.

Introduction

Throughout history, the desire to increase one’s wealth is a powerful one. No matter what culture you come from, where you live in society, or your status in life, behind everything you earn, there is an underlying drive to have more. It is that desire that compels us to get up and go to work, again and again, it is the driving force that has us scrolling through websites, libraries, and other resources for opportunities that boost our income. Whether we trade in dollars, pesos, Euros, or Yen, we all want the same thing.

Up until now, there has been no other tool used to build wealth that has been as successful as the stock market. Without launching into an extensive history lesson, records show that over time, a savvy investor could literally double his investment every decade just by making the right choices. That could be pretty impressive for someone who is not satisfied with the measly interest rates banks give for the privilege of holding money in a savings account.

Believe it or not, the stock market, in some form or another has been around for at least 400 years. Few would question whether it is a legitimate way to earn money or question its potential for changing the economic scene for the better. Time has proven this to be a pretty good assessment of the institution. However, when the stock market is compared to the impact that cryptocurrencies have had in just the few years it has been around, there is no comparison. Digital currency investors have been able to not just double their income but change their entire financial profile for the better in a very short time. In many cases, many have earned enough money to live independently in a year or less.

While that is not the case for everyone, the gains to be had are quite impressive even for the most modest of investors. For those who wish to make a success of this new crypto world, they’ll have to learn to think of money in an entirely different way. They’ll be venturing into a world that doesn’t have a long a proven history like the stock exchange, and there will be many disappointments and pitfalls to navigate along the way. Whether looking at Bitcoin or WandX, they’ll be playing on a whole new field.

For that reason, cryptocurrencies are still considered a high-risk investment tool. Without the long track records that show regular patterns of highs and lows, signs of danger, or obstacles that may lie ahead in the future, it is hard to know just how long it will stay on top or what will happen in the future.

So, as you go through these pages, understand that you are learning about a very volatile investment opportunity that could turn on its head at any time. The information included in this book is merely presented as a guide to help you understand this new currency and how it works. As you learn more about it, you’ll be able to 1) decide of cryptocurrency investing is the right tool for you and 2) devise a strategy that will work best in your situation. It is not a book of advice; the cryptocurrency world changes rapidly and what might be a good choice at the time of this writing may not be the same when you read it. Instead, we endeavor to teach you enough about cryptocurrencies so that you can analyze the market and understand it enough to make your own investment decisions.

To that end, the pages of this book will teach you:

●  What are cryptocurrency, decentralization, and mining

●  The basic infrastructure of cryptocurrency

●  How complex algorithms play a part

●  What kind of people are investing in cryptocurrency

●  How to sift through all the hype to find out what it really is

●  How to get started investing

●  Investment Strategies that have worked for others

●  How to analyze the profit potential of a currency

●  The future of cryptocurrency

●  And much, much more

As with anything new, it will always be met with questions that cannot easily be answered, skepticism, and curiosity. This is perfectly normal, and there are things that only time will be able to answer with any sort of accuracy. Cryptocurrency is not for everyone, but if it is for you, we hope to answer your questions here in the pages of this book.

It is important to note that any type of investing carries a level of risk. While we work hard to ensure that the information we provide here in these pages is accurate at the time of writing, we can in no way guarantee that they will remain so and therefore we cannot ensure that any investment decisions you make based on the content of this book will yield you profitable results. Responsibility for any decisions made on the basis of the information found in this book will remain solely on the shoulders of the investors and decision makers involved.

Chapter 1: What is Cryptocurrency and How Does It Work?

If you’re like most people, you might have heard a lot of new words lately. Words like Bitcoin and blockchain are suddenly becoming part of everyday conversation. While many of us have heard these expressions, it doesn’t mean that we thoroughly understand them, but if we are seriously paying